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GHS braces for Phase II as hospitals come under fire

With the General Healthcare System (GHS) Phase II to launch on 1 June Cypriots must increase their contributions to the Health Insurance Organisation (HIO) from 1 March, amid concerns hospitals are not ready. When Phase I – outpatient care – came into operation last year, employees contributed 1.7% of their income to the GHS, employers 1.85%, the state 1.65%, and the

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GHS braces for Phase II as hospitals come under fire

With the General Healthcare System (GHS) Phase II to launch on 1 June Cypriots must increase their contributions to the Health Insurance Organisation (HIO) from 1 March, amid concerns hospitals are not ready. When Phase I – outpatient

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Historic high in investment fund assets

Cypriot investment fund assets hit a historic high in 2019 reaching a total of €6 bln on a 27% annual rise, data released by the Cyprus Central Bank shows. The number of investment funds increased to 178, compared with 166

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Around 20% of ESTIA applications are valid

Cyprus’ ESTIA scheme subsidising borrowers with toxic mortgages is off to a shaky start as only one-fifth of applications submitted are expected

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Cyprus match-fixing on UEFA’s radar

Police are investigating possible match-fixing cases after the Cyprus Football Association received notification of five suspicious fixtures from European football’s governing body UEFA. The latest corruption allegation casts a darker shadow over the

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Huge €1.2 bln development for Larnaca

Cyprus has reached an agreement with Israeli investors for the long-awaited €1.2 bln redevelopment of Larnaca port and marina, the island’s largest infrastructure project of its kind Transport Minister Yiannis Karousos announced

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New rent law provides grey areas

It was pleasing to hear that, after three postponements, Cyprus MPs have finally voted in the much-awaited amendment to the rent law.

Don’t shoot the messenger

One wonders if the way the postal service is run, whether it is intentionally being driven into the ground to sell it

Stop hugs and kisses to beat COVID-19

For the moment coronavirus is not a pandemic but the signs are that China is struggling to keep it contained despite a

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Ankara wants the East Med to become a ‘Turkish lake’

Turkey’s illegal drilling in Cyprus’ Exclusive Economic Zone and the wider region must be geopolitically checked as Ankara wants to turn the Eastern Mediterranean into a “Turkish lake”, said Energy Minister, George Lakkotrypis. “Turkey is trying through its illegal actions to lead

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Cyprus and Jordan renew defence pact

Defence Ministries of Cyprus and Jordan renewed a military cooperation programme expressing their joint political will for further deepening their collaboration in

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Cyprus Shipping Chamber backs EU Green Deal

Cyprus shipping supports the Industry’s positions on the EU Green Deal and is fully committed to eradicating its greenhouse gas (GHG) emissions as soon as possible. On the occasion of European Shipping Week, the European Community Shipowners Associations (ECSA), launched

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